American Well Ownership 2024 | Who Owns American Well Now?
Institutional Ownership
46.90%
Insider Ownership
5.10%
Retail Ownership
48.00%
Institutional Holders
100.00
American Well Institutional Shareholders
Institutional Shareholders by % of Total Shares
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| SENVEST MANAGEMENT, LLC | 8.26% | 0.30% | 24,102,248 | 1,401 | 0.01% | 7,828,410 | Jun 30, 2024 |
| MORGAN STANLEY | 7.27% | 0.00% | 21,218,527 | 4,888,213 | 29.93% | 6,891,777 | Jun 30, 2024 |
| CALEDONIA (PRIVATE) INVESTMENTS PTY LTD | 5.86% | 0.10% | 17,096,046 | -70,468 | -0.41% | 5,552,796 | Jun 30, 2024 |
| VANGUARD GROUP INC | 4.25% | 0.00% | 12,414,554 | -983,542 | -7.34% | 4,032,247 | Jun 30, 2024 |
| ALERCE INVESTMENT MANAGEMENT, L.P. | 3.59% | 6.67% | 10,475,717 | - | - | 3,402,513 | Jun 30, 2024 |
| RENAISSANCE TECHNOLOGIES LLC | 2.34% | 0.00% | 6,833,500 | 2,665,300 | 63.94% | 2,219,521 | Jun 30, 2024 |
| BLACKROCK INC. | 2.34% | 0.00% | 6,820,102 | -13,842,330 | -66.99% | 2,215,170 | Jun 30, 2024 |
| MILLENNIUM MANAGEMENT LLC | 1.83% | 0.00% | 5,332,760 | 2,102,823 | 65.10% | 1,732,080 | Jun 30, 2024 |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 1.32% | 0.01% | 3,856,808 | 1,750,102 | 83.07% | 1,252,691 | Jun 30, 2024 |
| ACADIAN ASSET MANAGEMENT LLC | 1.29% | 0.00% | 3,761,310 | 1,677,505 | 80.50% | 1,220,000 | Jun 30, 2024 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.97% | 0.00% | 2,838,120 | -2,781,542 | -49.50% | 1,065,400 | Jun 30, 2024 |
| GOLDMAN SACHS GROUP INC | 0.94% | 0.00% | 2,750,932 | 2,287,904 | 494.12% | 893,503 | Jun 30, 2024 |
| NORTHERN TRUST CORP | 0.67% | 0.00% | 1,943,538 | -188,795 | -8.85% | 631,261,000 | Jun 30, 2024 |
| AQR CAPITAL MANAGEMENT LLC | 0.65% | 0.00% | 1,895,730 | 416,387 | 28.15% | 615,733 | Jun 30, 2024 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 0.54% | 0.00% | 1,584,200 | - | - | 514,548 | Jun 30, 2024 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.51% | 0.00% | 1,501,950 | -556,958 | -27.05% | 487,833 | Jun 30, 2024 |
| STATE STREET CORP | 0.34% | - | 995,291 | -3,930,149 | -79.79% | 323,271,000 | Jun 30, 2024 |
| Y-INTERCEPT (HONG KONG) LTD | 0.34% | 0.02% | 982,338 | 982,338 | 100.00% | 319,063 | Jun 30, 2024 |
| INVESCO LTD. | 0.23% | - | 656,721 | -68,369 | -9.43% | 213,303 | Jun 30, 2024 |
| STATE OF WYOMING | 0.22% | 0.03% | 636,485 | 285,949 | 81.57% | 206,730 | Jun 30, 2024 |
American Well's largest institutional shareholder is SENVEST MANAGEMENT, LLC, holding 8.26% of the company's total share outstanding, currently valued at $7.83M. The top 10 institutional shareholders own together 38.35% of the company.
Institutional Shareholders by % of Total Assets
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| ALERCE INVESTMENT MANAGEMENT, L.P. | 3.59% | 6.67% | 10,475,717 | - | - | 3,402,513 | Jun 30, 2024 |
| SENVEST MANAGEMENT, LLC | 8.26% | 0.30% | 24,102,248 | 1,401 | 0.01% | 7,828,410 | Jun 30, 2024 |
| CALEDONIA (PRIVATE) INVESTMENTS PTY LTD | 5.86% | 0.10% | 17,096,046 | -70,468 | -0.41% | 5,552,796 | Jun 30, 2024 |
| STATE OF WYOMING | 0.22% | 0.03% | 636,485 | 285,949 | 81.57% | 206,730 | Jun 30, 2024 |
| POINT72 ASIA (SINGAPORE) PTE. LTD. | 0.14% | 0.03% | 419,841 | 404,794 | 2690.20% | 136,364 | Jun 30, 2024 |
| Y-INTERCEPT (HONG KONG) LTD | 0.34% | 0.02% | 982,338 | 982,338 | 100.00% | 319,063 | Jun 30, 2024 |
| BRAY CAPITAL ADVISORS | 0.07% | 0.02% | 200,000 | - | - | 64,960 | Jun 30, 2024 |
| ARQ WEALTH ADVISORS, LLC | 0.03% | 0.01% | 75,705 | - | - | 24,589 | Jun 30, 2024 |
| MADISON PARK CAPITAL ADVISORS, LLC | 0.01% | 0.01% | 22,906 | - | - | 7,440 | Jun 30, 2024 |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 1.32% | 0.01% | 3,856,808 | 1,750,102 | 83.07% | 1,252,691 | Jun 30, 2024 |
| RENAISSANCE TECHNOLOGIES LLC | 2.34% | 0.00% | 6,833,500 | 2,665,300 | 63.94% | 2,219,521 | Jun 30, 2024 |
| ACADIAN ASSET MANAGEMENT LLC | 1.29% | 0.00% | 3,761,310 | 1,677,505 | 80.50% | 1,220,000 | Jun 30, 2024 |
| ABEL HALL, LLC | 0.00% | 0.00% | 14,436 | 14,436 | 100.00% | 4,689 | Jun 30, 2024 |
| CENTIVA CAPITAL, LP | 0.18% | 0.00% | 514,700 | 514,700 | 100.00% | 167,175 | Jun 30, 2024 |
| GROUND SWELL CAPITAL, LLC | 0.00% | 0.00% | 11,000 | 11,000 | 100.00% | 3,573 | Jun 30, 2024 |
| XTX TOPCO LTD | 0.03% | 0.00% | 82,760 | -265,624 | -76.24% | 26,880 | Jun 30, 2024 |
| COWEN AND COMPANY, LLC | 0.09% | 0.00% | 250,000 | 250,000 | 100.00% | 81,200 | Jun 30, 2024 |
| WILLIAMS FINANCIAL, LLC | 0.01% | 0.00% | 16,443 | 16,443 | 100.00% | 8,276 | Jun 30, 2024 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 0.54% | 0.00% | 1,584,200 | - | - | 514,548 | Jun 30, 2024 |
| POINT72 (DIFC) LTD | 0.04% | 0.00% | 103,457 | 96,644 | 1418.52% | 33,603 | Jun 30, 2024 |
The largest American Well shareholder by % of total assets is ALERCE INVESTMENT MANAGEMENT, L.P.. The company owns 10.48M shares of American Well (AMWL), representing 6.67% of its total assets.
Institutional Buyers
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 7.27% | 0.00% | 21,218,527 | 4,888,213 | 29.93% | 6,891,777 | Jun 30, 2024 |
| RENAISSANCE TECHNOLOGIES LLC | 2.34% | 0.00% | 6,833,500 | 2,665,300 | 63.94% | 2,219,521 | Jun 30, 2024 |
| GOLDMAN SACHS GROUP INC | 0.94% | 0.00% | 2,750,932 | 2,287,904 | 494.12% | 893,503 | Jun 30, 2024 |
| MILLENNIUM MANAGEMENT LLC | 1.83% | 0.00% | 5,332,760 | 2,102,823 | 65.10% | 1,732,080 | Jun 30, 2024 |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 1.32% | 0.01% | 3,856,808 | 1,750,102 | 83.07% | 1,252,691 | Jun 30, 2024 |
| ACADIAN ASSET MANAGEMENT LLC | 1.29% | 0.00% | 3,761,310 | 1,677,505 | 80.50% | 1,220,000 | Jun 30, 2024 |
| Y-INTERCEPT (HONG KONG) LTD | 0.34% | 0.02% | 982,338 | 982,338 | 100.00% | 319,063 | Jun 30, 2024 |
| NORGES BANK | 0.19% | - | 561,400 | 561,400 | 100.00% | 182,343 | Jun 30, 2024 |
| CENTIVA CAPITAL, LP | 0.18% | 0.00% | 514,700 | 514,700 | 100.00% | 167,175 | Jun 30, 2024 |
| AQR CAPITAL MANAGEMENT LLC | 0.65% | 0.00% | 1,895,730 | 416,387 | 28.15% | 615,733 | Jun 30, 2024 |
| POINT72 ASIA (SINGAPORE) PTE. LTD. | 0.14% | 0.03% | 419,841 | 404,794 | 2690.20% | 136,364 | Jun 30, 2024 |
| HRT FINANCIAL LP | 0.10% | 0.00% | 294,214 | 294,214 | 100.00% | 95,000 | Jun 30, 2024 |
| STATE OF WYOMING | 0.22% | 0.03% | 636,485 | 285,949 | 81.57% | 206,730 | Jun 30, 2024 |
| BANK OF MONTREAL /CAN/ | 0.10% | - | 278,644 | 278,644 | 100.00% | 114,494 | Jun 30, 2024 |
| COWEN AND COMPANY, LLC | 0.09% | 0.00% | 250,000 | 250,000 | 100.00% | 81,200 | Jun 30, 2024 |
| SCHONFELD STRATEGIC ADVISORS LLC | 0.06% | 0.00% | 186,300 | 186,300 | 100.00% | 60,510 | Jun 30, 2024 |
| CUBIST SYSTEMATIC STRATEGIES, LLC | 0.06% | 0.00% | 184,083 | 181,715 | 7673.78% | 59,790 | Jun 30, 2024 |
| TWO SIGMA INVESTMENTS, LP | 0.07% | 0.00% | 203,965 | 163,928 | 409.44% | 66,248 | Jun 30, 2024 |
| TOWER RESEARCH CAPITAL LLC (TRC) | 0.05% | 0.00% | 160,061 | 151,561 | 1783.07% | 52,020 | Jun 30, 2024 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 0.04% | 0.00% | 128,533 | 128,533 | 100.00% | 41,748 | Jun 30, 2024 |
As of Jun 30 2024, American Well's largest institutional buyer is MORGAN STANLEY. The company purchased 4.89M stocks of AMWL, valued at $6.89M.
Institutional Sellers
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| BLACKROCK INC. | 2.34% | 0.00% | 6,820,102 | -13,842,330 | -66.99% | 2,215,170 | Jun 30, 2024 |
| STATE STREET CORP | 0.34% | - | 995,291 | -3,930,149 | -79.79% | 323,271,000 | Jun 30, 2024 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.97% | 0.00% | 2,838,120 | -2,781,542 | -49.50% | 1,065,400 | Jun 30, 2024 |
| ROCK POINT ADVISORS, LLC | - | - | - | -2,265,117 | -100.00% | - | Jun 30, 2024 |
| UBS GROUP AG | 0.04% | - | 115,781 | -1,002,002 | -89.64% | 37,629 | Jun 30, 2024 |
| VANGUARD GROUP INC | 4.25% | 0.00% | 12,414,554 | -983,542 | -7.34% | 4,032,247 | Jun 30, 2024 |
| D. E. SHAW & CO., INC. | - | - | - | -898,367 | -100.00% | - | Jun 30, 2024 |
| HIGHTOWER ADVISORS, LLC | - | - | - | -749,362 | -100.00% | - | Jun 30, 2024 |
| BANK OF NEW YORK MELLON CORP | 0.01% | - | 24,685 | -743,273 | -96.79% | 8,018 | Jun 30, 2024 |
| NUVEEN ASSET MANAGEMENT, LLC | - | - | - | -707,609 | -100.00% | - | Jun 30, 2024 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.51% | 0.00% | 1,501,950 | -556,958 | -27.05% | 487,833 | Jun 30, 2024 |
| MATISSE CAPITAL | - | - | - | -492,070 | -100.00% | - | Jun 30, 2024 |
| TUDOR INVESTMENT CORP ET AL | - | - | - | -469,086 | -100.00% | - | Jun 30, 2024 |
| MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | - | - | - | -456,847 | -100.00% | - | Jun 30, 2024 |
| RHUMBLINE ADVISERS | 0.02% | - | 68,743 | -307,715 | -81.74% | 22,339 | Jun 30, 2024 |
| FRANKLIN RESOURCES INC | - | - | - | -291,131 | -100.00% | - | Jun 30, 2024 |
| ALLIANCEBERNSTEIN L.P. | - | - | - | -289,920 | -100.00% | - | Jun 30, 2024 |
| PRICE T ROWE ASSOCIATES INC /MD/ | - | - | - | -289,318 | -100.00% | - | Jun 30, 2024 |
| XTX TOPCO LTD | 0.03% | 0.00% | 82,760 | -265,624 | -76.24% | 26,880 | Jun 30, 2024 |
| NORTHERN TRUST CORP | 0.67% | 0.00% | 1,943,538 | -188,795 | -8.85% | 631,261,000 | Jun 30, 2024 |
As of Jun 30 2024, American Well's biggest institutional seller is BLACKROCK INC.. The company sold -13.84M shares of AMWL, valued at $2.22M.
Institutional New positions
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| Y-INTERCEPT (HONG KONG) LTD | 0.34% | 0.02% | 982,338 | 982,338 | 100.00% | 319,063 | Jun 30, 2024 |
| NORGES BANK | 0.19% | - | 561,400 | 561,400 | 100.00% | 182,343 | Jun 30, 2024 |
| CENTIVA CAPITAL, LP | 0.18% | 0.00% | 514,700 | 514,700 | 100.00% | 167,175 | Jun 30, 2024 |
| COWEN AND COMPANY, LLC | 0.09% | 0.00% | 250,000 | 250,000 | 100.00% | 81,200 | Jun 30, 2024 |
| SCHONFELD STRATEGIC ADVISORS LLC | 0.06% | 0.00% | 186,300 | 186,300 | 100.00% | 60,510 | Jun 30, 2024 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 0.04% | 0.00% | 128,533 | 128,533 | 100.00% | 41,748 | Jun 30, 2024 |
| VERITION FUND MANAGEMENT LLC | 0.04% | 0.00% | 111,514 | 111,514 | 100.00% | 36,220 | Jun 30, 2024 |
| PALOMA PARTNERS MANAGEMENT CO | 0.02% | 0.00% | 65,407 | 65,407 | 100.00% | 21,244 | Jun 30, 2024 |
| JUMP FINANCIAL, LLC | 0.01% | 0.00% | 40,972 | 40,972 | 100.00% | 13,308 | Jun 30, 2024 |
| WILLIAMS FINANCIAL, LLC | 0.01% | 0.00% | 16,443 | 16,443 | 100.00% | 8,276 | Jun 30, 2024 |
| ABEL HALL, LLC | 0.00% | 0.00% | 14,436 | 14,436 | 100.00% | 4,689 | Jun 30, 2024 |
| MACQUARIE GROUP LTD | 0.00% | - | 12,734 | 12,734 | 100.00% | 4,136 | Jun 30, 2024 |
| GROUND SWELL CAPITAL, LLC | 0.00% | 0.00% | 11,000 | 11,000 | 100.00% | 3,573 | Jun 30, 2024 |
| GTS SECURITIES LLC | 0.00% | - | 10,964 | 10,964 | 100.00% | 3,563 | Jun 30, 2024 |
| MEEDER ASSET MANAGEMENT INC | 0.00% | 0.00% | 5,716 | 5,716 | 100.00% | 1,857 | Jun 30, 2024 |
| ARCHER INVESTMENT CORP | 0.00% | - | 500 | 500 | 100.00% | 162 | Jun 30, 2024 |
American Well's largest new institutional shareholder by number of shares is Y-INTERCEPT (HONG KONG) LTD, purchased 982.34K shares, valued at $319.06K, as of undefined.
Institutional Sold Out
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| ROCK POINT ADVISORS, LLC | - | - | - | -2,265,117 | -100.00% | - | Jun 30, 2024 |
| D. E. SHAW & CO., INC. | - | - | - | -898,367 | -100.00% | - | Jun 30, 2024 |
| HIGHTOWER ADVISORS, LLC | - | - | - | -749,362 | -100.00% | - | Jun 30, 2024 |
| NUVEEN ASSET MANAGEMENT, LLC | - | - | - | -707,609 | -100.00% | - | Jun 30, 2024 |
| MATISSE CAPITAL | - | - | - | -492,070 | -100.00% | - | Jun 30, 2024 |
| TUDOR INVESTMENT CORP ET AL | - | - | - | -469,086 | -100.00% | - | Jun 30, 2024 |
| MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | - | - | - | -456,847 | -100.00% | - | Jun 30, 2024 |
| FRANKLIN RESOURCES INC | - | - | - | -291,131 | -100.00% | - | Jun 30, 2024 |
| ALLIANCEBERNSTEIN L.P. | - | - | - | -289,920 | -100.00% | - | Jun 30, 2024 |
| PRICE T ROWE ASSOCIATES INC /MD/ | - | - | - | -289,318 | -100.00% | - | Jun 30, 2024 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | - | - | - | -151,781 | -100.00% | - | Jun 30, 2024 |
| AMERICAN INTERNATIONAL GROUP, INC. | - | - | - | -124,138 | -100.00% | - | Jun 30, 2024 |
| DEUTSCHE BANK AG\ | - | - | - | -114,513 | -100.00% | - | Jun 30, 2024 |
| STRS OHIO | - | - | - | -110,200 | -100.00% | - | Jun 30, 2024 |
| NUMERAI GP LLC | - | - | - | -110,190 | -100.00% | - | Jun 30, 2024 |
| METLIFE INVESTMENT MANAGEMENT, LLC | - | - | - | -103,567 | -100.00% | - | Jun 30, 2024 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | - | - | - | -98,740 | -100.00% | - | Jun 30, 2024 |
| ATOM INVESTORS LP | - | - | - | -80,228 | -100.00% | - | Jun 30, 2024 |
| GSA CAPITAL PARTNERS LLP | - | - | - | -70,054 | -100.00% | - | Jun 30, 2024 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | - | - | - | -59,824 | -100.00% | - | Jun 30, 2024 |
| OAK THISTLE LLC | - | - | - | -56,712 | -100.00% | - | Jun 30, 2024 |
| BROWN ADVISORY INC | - | - | - | -56,611 | -100.00% | - | Jun 30, 2024 |
| CITO CAPITAL GROUP, LLC | - | - | - | -52,104 | -100.00% | - | Jun 30, 2024 |
| BOOTHBAY FUND MANAGEMENT, LLC | - | - | - | -50,271 | -100.00% | - | Jun 30, 2024 |
| SG AMERICAS SECURITIES, LLC | - | - | - | -35,303 | -100.00% | - | Jun 30, 2024 |
| PRINCIPAL FINANCIAL GROUP INC | - | - | - | -29,257 | -100.00% | - | Jun 30, 2024 |
| LEGAL & GENERAL GROUP PLC | - | - | - | -26,163 | -100.00% | - | Jun 30, 2024 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | - | - | - | -25,327 | -100.00% | - | Jun 30, 2024 |
| AMERITAS INVESTMENT PARTNERS, INC. | - | - | - | -24,368 | -100.00% | - | Jun 30, 2024 |
| CAXTON ASSOCIATES LP | - | - | - | -20,710 | -100.00% | - | Jun 30, 2024 |
| PRUDENTIAL FINANCIAL INC | - | - | - | -16,515 | -100.00% | - | Jun 30, 2024 |
| SPEARS ABACUS ADVISORS LLC | - | - | - | -16,500 | -100.00% | - | Jun 30, 2024 |
| XPONANCE, INC. | - | - | - | -15,193 | -100.00% | - | Jun 30, 2024 |
| HARBOUR INVESTMENTS, INC. | - | - | - | -14,015 | -100.00% | - | Jun 30, 2024 |
| DELAP WEALTH ADVISORY, LLC | - | - | - | -12,158 | -100.00% | - | Jun 30, 2024 |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | - | - | - | -10,682 | -100.00% | - | Jun 30, 2024 |
| NEUBERGER BERMAN GROUP LLC | - | - | - | -10,637 | -100.00% | - | Jun 30, 2024 |
| VAUGHAN DAVID INVESTMENTS LLC/IL | - | - | - | -10,000 | -100.00% | - | Jun 30, 2024 |
| AMALGAMATED BANK | - | - | - | -7,962 | -100.00% | - | Jun 30, 2024 |
| QUARRY LP | - | - | - | -6,441 | -100.00% | - | Jun 30, 2024 |
| METROPOLITAN LIFE INSURANCE CO/NY | - | - | - | -6,368 | -100.00% | - | Jun 30, 2024 |
| CWM, LLC | - | - | - | -4,582 | -100.00% | - | Jun 30, 2024 |
| CIBC PRIVATE WEALTH GROUP, LLC | - | - | - | -1,625 | -100.00% | - | Jun 30, 2024 |
| AQUATIC CAPITAL MANAGEMENT LLC | - | - | - | -1,500 | -100.00% | - | Jun 30, 2024 |
| EVERSOURCE WEALTH ADVISORS, LLC | - | - | - | -862 | -100.00% | - | Jun 30, 2024 |
| HEXAGON CAPITAL PARTNERS LLC | - | - | - | -800 | -100.00% | - | Jun 30, 2024 |
| CAPITAL ADVISORS, LTD. LLC | - | - | - | -628 | -100.00% | - | Jun 30, 2024 |
| NELSON, VAN DENBURG & CAMPBELL WEALTH MANAGEMENT GROUP, LLC | - | - | - | -89 | -100.00% | - | Jun 30, 2024 |
American Well's largest sold out institutional shareholder by shares sold is ROCK POINT ADVISORS, LLC, sold -2.27M shares, valued at -, as of undefined.
American Well Mutual Fund Holders
| Name | % Total Assets | Total Shares | Change Amount | Change % | Date |
|---|---|---|---|---|---|
| Aspiration Funds | 3.40% | 125,806 | - | - | Mar 31, 2024 |
| Global Beta ETF Trust | 0.88% | 2,453 | 2,453 | - | May 31, 2022 |
| Federated Hermes MDT Series | 0.64% | 1,574,797 | - | - | Jan 31, 2024 |
| BlackRock Advantage SMID Cap Fund, Inc. | 0.50% | 96,367 | - | - | Mar 28, 2024 |
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | 0.49% | 58,879 | - | - | Mar 31, 2024 |
| WANGER ADVISORS TRUST | 0.43% | 235,906 | - | - | Mar 31, 2024 |
| PRUDENTIAL JENNISON BLEND FUND, INC. | 0.41% | 254,998 | - | - | Feb 29, 2024 |
| VANGUARD VALLEY FORGE FUNDS | 0.33% | 170,727 | - | - | Mar 31, 2024 |
| BlackRock Health Sciences Trust II | 0.23% | 603,009 | - | - | Mar 31, 2024 |
| SunAmerica Specialty Series | 0.17% | 87,364 | - | - | Apr 30, 2021 |
| FRANKLIN STRATEGIC SERIES | 0.10% | 833,600 | - | - | Jan 31, 2024 |
| QUANTITATIVE MASTER SERIES LLC | 0.07% | 455,326 | - | - | Mar 31, 2024 |
| DEUTSCHE DWS INVESTMENTS VIT FUNDS | 0.06% | 38,157 | - | - | Mar 31, 2024 |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 0.05% | 329,169 | - | - | Mar 31, 2024 |
| Advantage Advisers Xanthus Fund, L.L.C. | 0.04% | 127,636 | - | - | Mar 31, 2024 |
| Vericimetry Funds | 0.04% | 3,580 | - | - | Mar 31, 2024 |
| BARON SELECT FUNDS | 0.04% | 394,921 | - | - | Mar 31, 2024 |
| FORUM FUNDS II | 0.04% | 36,485 | - | - | Jan 31, 2024 |
| AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC. | 0.03% | 77,120 | - | - | Mar 31, 2024 |
| COLUMBIA ACORN TRUST | 0.03% | 104,234 | - | - | Mar 31, 2024 |
| Federated Hermes Equity Funds | 0.03% | 527,252 | - | - | Jan 31, 2024 |
| VANGUARD INDEX FUNDS | 0.03% | 10,957,869 | -3,816,447 | -25.83% | Mar 31, 2024 |
| TIAA SEPARATE ACCOUNT VA 1 | 0.03% | 5,730 | - | - | Mar 31, 2024 |
| ACAP Strategic Fund | 0.02% | 358,271 | - | - | Mar 31, 2024 |
| SMALLCAP WORLD FUND INC | 0.02% | 1,294,000 | - | - | Mar 31, 2024 |
| UBS FUNDS | 0.02% | 85,353 | - | - | Mar 31, 2024 |
| NEEDHAM FUNDS INC | 0.01% | 28,455 | - | - | Mar 31, 2024 |
| SCHWAB CAPITAL TRUST | 0.01% | 568,020 | -105,430 | -15.66% | Jan 31, 2024 |
| Fidelity Commonwealth Trust II | 0.01% | 75,521 | - | - | Aug 31, 2023 |
| FIDELITY CONCORD STREET TRUST | 0.01% | 2,329,851 | 244,092 | 11.70% | Feb 29, 2024 |
| Destra Investment Trust | 0.01% | 16,589 | - | - | Mar 31, 2024 |
| BlackRock ETF Trust | 0.01% | 8,343 | - | - | Jan 31, 2024 |
| Calvert Variable Products, Inc. | 0.01% | 24,368 | - | - | Mar 31, 2024 |
| MFS VARIABLE INSURANCE TRUST | 0.01% | 274,757 | - | - | Mar 31, 2024 |
| CARILLON SERIES TRUST | 0.01% | 472,293 | - | - | Mar 31, 2024 |
| AIM GROWTH SERIES (INVESCO GROWTH SERIES) | 0.01% | 220,113 | - | - | Mar 31, 2024 |
| DELAWARE GROUP EQUITY FUNDS IV | 0.01% | 7,500 | - | - | Mar 28, 2024 |
| AB CAP FUND, INC. | 0.01% | 210,531 | - | - | Jan 31, 2024 |
| FIDELITY SECURITIES FUND | 0.01% | 547,344 | - | - | Jan 31, 2024 |
| VANGUARD INSTITUTIONAL INDEX FUNDS | 0.00% | 147,109 | -11,092 | -7.01% | Mar 31, 2024 |
| TIAA-CREF LIFE FUNDS | 0.00% | 12,650 | - | - | Mar 31, 2024 |
| PUTNAM ASSET ALLOCATION FUNDS | 0.00% | 144,786 | 41,959 | 40.81% | Mar 31, 2024 |
| AB VARIABLE PRODUCTS SERIES FUND, INC. | 0.00% | 18,511 | - | - | Mar 31, 2024 |
| FIDELITY COVINGTON TRUST | 0.00% | 70,095 | - | - | Jan 31, 2024 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 0.00% | 288,406 | 282 | 0.10% | Jan 31, 2024 |
| VANGUARD WORLD FUND | 0.00% | 813,569 | 84,397 | 11.57% | Feb 29, 2024 |
| Spinnaker ETF Series | 0.00% | 1,206 | 1,206 | - | Mar 31, 2024 |
| VANGUARD EXPLORER FUND | 0.00% | 36,560 | - | - | Jan 31, 2024 |
| Global X Funds | 0.00% | 131,867 | -323,552 | -71.04% | Feb 29, 2024 |
| Voya VARIABLE PORTFOLIOS INC | 0.00% | 87,876 | -14,088 | -13.82% | Mar 31, 2024 |
| FINANCIAL INVESTORS TRUST | 0.00% | 214,789 | - | - | Jan 31, 2024 |
| GOLDMAN SACHS VARIABLE INSURANCE TRUST | 0.00% | 11,111 | - | - | Mar 31, 2024 |
| NATIONWIDE VARIABLE INSURANCE TRUST | 0.00% | 354,478 | -77,672 | -17.97% | Mar 31, 2024 |
| OHIO NATIONAL FUND INC | 0.00% | 51,120 | - | - | Mar 31, 2024 |
| NEW COVENANT FUNDS | 0.00% | 10,093 | - | - | Dec 31, 2023 |
| STATE STREET VARIABLE INSURANCE SERIES FUNDS INC | 0.00% | 11,125 | -2,322 | -17.27% | Mar 31, 2024 |
| Principal Exchange-Traded Funds | 0.00% | 26,641 | - | - | Mar 31, 2024 |
| SCHWAB STRATEGIC TRUST | 0.00% | 1,209,786 | -84,727 | -6.55% | Feb 29, 2024 |
| FEDERATED HERMES INSURANCE SERIES | 0.00% | 8,048 | - | - | Mar 31, 2024 |
| John Hancock Exchange-Traded Fund Trust | 0.00% | 9,035 | - | - | Jan 31, 2024 |
| BLACKROCK LARGE CAP SERIES FUNDS, INC. | 0.00% | 66,269 | - | - | Feb 29, 2024 |
| AMERICAN CENTURY ETF TRUST | 0.00% | 166,901 | - | - | Feb 29, 2024 |
| LEGG MASON PARTNERS VARIABLE EQUITY TRUST | 0.00% | 5,170 | - | - | Dec 29, 2023 |
| STATE STREET INSTITUTIONAL INVESTMENT TRUST | 0.00% | 82,300 | - | - | Mar 31, 2024 |
| VARIABLE INSURANCE PRODUCTS FUND II | 0.00% | 14,397 | 1,626 | 12.73% | Mar 31, 2024 |
| LEGG MASON PARTNERS INVESTMENT TRUST | 0.00% | 57,460 | - | - | Mar 28, 2024 |
| NORTHERN FUNDS | 0.00% | 133,074 | -9,396 | -6.60% | Mar 28, 2024 |
| Franklin Custodian Funds | 0.00% | 399,194 | - | - | Mar 31, 2024 |
| SA FUNDS INVESTMENT TRUST | 0.00% | 12,361 | - | - | Mar 31, 2024 |
| Trust for Advised Portfolios | 0.00% | 15,179 | - | - | Dec 31, 2023 |
| MASSMUTUAL PREMIER FUNDS | 0.00% | 20,537 | - | - | Dec 31, 2023 |
| JPMORGAN TRUST II | 0.00% | 760,700 | - | - | Feb 29, 2024 |
| T. Rowe Price Index Trust, Inc. | 0.00% | 15,169 | - | - | Mar 31, 2024 |
| Brown Advisory Funds | 0.00% | 23,579 | - | - | Mar 31, 2024 |
| VANGUARD TAX-MANAGED FUNDS | 0.00% | 120,200 | - | - | Mar 31, 2024 |
| EQ ADVISORS TRUST | 0.00% | 694,133 | - | - | Mar 31, 2024 |
| iSHARES TRUST | 0.00% | 9,168,143 | -582,589 | -5.97% | Mar 31, 2024 |
| BAILLIE GIFFORD FUNDS | 0.00% | 5,775 | - | - | Mar 28, 2024 |
| VANGUARD SCOTTSDALE FUNDS | 0.00% | 1,089,396 | 111,476 | 11.40% | Feb 29, 2024 |
| RYDEX SERIES FUNDS | 0.00% | 2,235 | - | - | Dec 31, 2023 |
| Series Portfolios Trust | 0.00% | 2,930 | - | - | Jan 31, 2024 |
| THRIVENT SERIES FUND INC | 0.00% | 50,323 | - | - | Mar 28, 2024 |
| MASTER INVESTMENT PORTFOLIO | 0.00% | 33,972 | - | - | Mar 31, 2024 |
| RBB FUND, INC. | 0.00% | 35,115 | - | - | Feb 29, 2024 |
| Guggenheim Active Allocation Fund | 0.00% | 2,183 | - | - | Feb 29, 2024 |
| VALIC Co I | 0.00% | 95,566 | 1,064 | 1.13% | Feb 29, 2024 |
| NATIONWIDE MUTUAL FUNDS | 0.00% | 42,150 | 1,033 | 2.51% | Jan 31, 2024 |
| Forethought Variable Insurance Trust | 0.00% | 1,325 | - | - | Mar 28, 2024 |
| J.P. Morgan Exchange-Traded Fund Trust | 0.00% | 138,445 | - | - | Jan 31, 2024 |
| GPS Funds I | 0.00% | 1,581 | - | - | Mar 31, 2024 |
| Dimensional ETF Trust | 0.00% | 126,257 | -397,728 | -75.90% | Jan 31, 2024 |
| THRIVENT MUTUAL FUNDS | 0.00% | 26,635 | - | - | Mar 28, 2024 |
| Voya PARTNERS INC | 0.00% | 23,131 | - | - | Mar 31, 2024 |
| SEASONS SERIES TRUST | 0.00% | 6,668 | 2,017 | 43.37% | Mar 31, 2024 |
| PENN SERIES FUNDS INC | 0.00% | 8,000 | - | - | Mar 28, 2024 |
| RYDEX DYNAMIC FUNDS | 0.00% | 1,109 | - | - | Dec 31, 2023 |
| ALLSPRING MASTER TRUST | 0.00% | 16,568 | - | - | Feb 29, 2024 |
| FLEXSHARES TRUST | 0.00% | 17,484 | - | - | Jan 31, 2024 |
| COLLEGE RETIREMENT EQUITIES FUND | 0.00% | 222,044 | 115,810 | 109.01% | Mar 31, 2024 |
| BERNSTEIN SANFORD C FUND INC | 0.00% | 53,010 | - | - | Mar 31, 2024 |
American Well's largest mutual fund holder by % of total assets is "Aspiration Funds", owning 125.81K shares, compromising 3.40% of its total assets.
American Well Institutional Ownership Trends
Institutional Holdings Trend
| Date | Holdings | Change % |
|---|---|---|
| 30 Jun, 24 | 100 | -23.66% |
| 31 Mar, 24 | 131 | -6.43% |
| 31 Dec, 23 | 140 | -6.67% |
| 30 Sep, 23 | 150 | 1.35% |
| 30 Jun, 23 | 148 | -5.13% |
| 31 Mar, 23 | 156 | -1.27% |
| 31 Dec, 22 | 158 | -3.66% |
| 30 Sep, 22 | 164 | -3.53% |
| 30 Jun, 22 | 170 | -7.61% |
| 31 Mar, 22 | 184 | -4.66% |
| 31 Dec, 21 | 193 | -1.03% |
| 30 Sep, 21 | 195 | -2.01% |
| 30 Jun, 21 | 199 | 4.19% |
| 31 Mar, 21 | 191 | 17.18% |
| 31 Dec, 20 | 163 | 14.79% |
| 30 Sep, 20 | 142 | - |
As of 30 Jun 24, 100 institutions are holding American Well's shares, representing a decrease of -23.66% compared to the previous quarter.
Shares Outstanding Trend
| Date | Shares Outstanding | Change % |
|---|---|---|
| 30 Jun, 24 | 136,859,503 | -8.37% |
| 31 Mar, 24 | 149,364,328 | 3.57% |
| 31 Dec, 23 | 144,210,897 | 4.26% |
| 30 Sep, 23 | 138,319,941 | -2.55% |
| 30 Jun, 23 | 141,940,443 | 2.36% |
| 31 Mar, 23 | 138,669,911 | 0.93% |
| 31 Dec, 22 | 137,397,758 | 7.71% |
| 30 Sep, 22 | 127,562,820 | 2.93% |
| 30 Jun, 22 | 123,934,455 | 6.92% |
| 31 Mar, 22 | 115,914,250 | 0.61% |
| 31 Dec, 21 | 115,214,490 | 13.99% |
| 30 Sep, 21 | 101,077,055 | 1.66% |
| 30 Jun, 21 | 99,425,195 | 34.99% |
| 31 Mar, 21 | 73,655,937 | 18.31% |
| 31 Dec, 20 | 62,255,297 | 39.44% |
| 30 Sep, 20 | 44,646,807 | - |
American Well (AMWL) has 136.86M shares outstanding as of 30 Jun 24, down -8.37% compared to the previous quarter.
Institutional Ownership Trend
| Date | Ownership % | Change % |
|---|---|---|
| 30 Jun, 24 | 46.90% | 1.70% |
| 31 Mar, 24 | 52.55% | 2094511.38% |
| 31 Dec, 23 | 0.05% | 0.00% |
| 30 Sep, 23 | 48.87% | 1.90% |
| 30 Jun, 23 | 50.70% | 2.07% |
| 31 Mar, 23 | 49.53% | 1.97% |
| 31 Dec, 22 | 50.10% | 2.37% |
| 30 Sep, 22 | 45.99% | 2.24% |
| 30 Jun, 22 | 45.34% | 2.42% |
| 31 Mar, 22 | 43.25% | 2.10% |
| 31 Dec, 21 | 45.35% | 2.94% |
| 30 Sep, 21 | 39.29% | 2.47% |
| 30 Jun, 21 | 39.87% | 4.36% |
| 31 Mar, 21 | 30.24% | 4.63% |
| 31 Dec, 20 | 25.56% | 7.61% |
| 30 Sep, 20 | 18.33% | - |
As of 30 Jun 24, American Well is held by 46.90% institutional shareholders, representing a 1.70% growth compared to 31 Mar 24.
Institutional Increased Positions Trend
| Date | Increased Positions | Change % |
|---|---|---|
| 30 Jun, 24 | 48 | -5.88% |
| 31 Mar, 24 | 51 | -25.00% |
| 31 Dec, 23 | 68 | -5.56% |
| 30 Sep, 23 | 72 | 14.29% |
| 30 Jun, 23 | 63 | -7.35% |
| 31 Mar, 23 | 68 | 3.03% |
| 31 Dec, 22 | 66 | -4.35% |
| 30 Sep, 22 | 69 | -16.87% |
| 30 Jun, 22 | 83 | 7.79% |
| 31 Mar, 22 | 77 | -23.76% |
| 31 Dec, 21 | 101 | 20.24% |
| 30 Sep, 21 | 84 | -24.32% |
| 30 Jun, 21 | 111 | -9.76% |
| 31 Mar, 21 | 123 | 19.42% |
| 31 Dec, 20 | 103 | -25.36% |
| 30 Sep, 20 | 138 | - |
48 institutional shareholders have increased their position in AMWL stock as of 30 Jun 24 compared to 51 in the previous quarter (a -5.88% decrease).
Institutional Reduced Positions Trend
| Date | Reduced Positions | Change % |
|---|---|---|
| 30 Jun, 24 | 30 | -40.00% |
| 31 Mar, 24 | 50 | 19.05% |
| 31 Dec, 23 | 42 | - |
| 30 Sep, 23 | 42 | -10.64% |
| 30 Jun, 23 | 47 | 2.17% |
| 31 Mar, 23 | 46 | -14.81% |
| 31 Dec, 22 | 54 | 20.00% |
| 30 Sep, 22 | 45 | - |
| 30 Jun, 22 | 45 | -26.23% |
| 31 Mar, 22 | 61 | 27.08% |
| 31 Dec, 21 | 48 | -14.29% |
| 30 Sep, 21 | 56 | 51.35% |
| 30 Jun, 21 | 37 | 2.78% |
| 31 Mar, 21 | 36 | 89.47% |
| 31 Dec, 20 | 19 | - |
| 30 Sep, 20 | - | - |
30 institutional shareholders have reduced their position in AMWL stock as of 30 Jun 24 compared to 50 in the previous quarter (a -40.00% decrease).
All Institutional Ownership Trend Data
| Date | Holdings | Change % | Shares Outstanding | Change % | Ownership % | Change % | Increased Positions | Change % | Reduced Positions | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Jun, 24 | 100 | -23.66% | 136,859,503 | -8.37% | 46.90% | 1.70% | 48 | -5.88% | 30 | -40.00% |
| 31 Mar, 24 | 131 | -6.43% | 149,364,328 | 3.57% | 52.55% | 2094511.38% | 51 | -25.00% | 50 | 19.05% |
| 31 Dec, 23 | 140 | -6.67% | 144,210,897 | 4.26% | 0.05% | 0.00% | 68 | -5.56% | 42 | - |
| 30 Sep, 23 | 150 | 1.35% | 138,319,941 | -2.55% | 48.87% | 1.90% | 72 | 14.29% | 42 | -10.64% |
| 30 Jun, 23 | 148 | -5.13% | 141,940,443 | 2.36% | 50.70% | 2.07% | 63 | -7.35% | 47 | 2.17% |
| 31 Mar, 23 | 156 | -1.27% | 138,669,911 | 0.93% | 49.53% | 1.97% | 68 | 3.03% | 46 | -14.81% |
| 31 Dec, 22 | 158 | -3.66% | 137,397,758 | 7.71% | 50.10% | 2.37% | 66 | -4.35% | 54 | 20.00% |
| 30 Sep, 22 | 164 | -3.53% | 127,562,820 | 2.93% | 45.99% | 2.24% | 69 | -16.87% | 45 | - |
| 30 Jun, 22 | 170 | -7.61% | 123,934,455 | 6.92% | 45.34% | 2.42% | 83 | 7.79% | 45 | -26.23% |
| 31 Mar, 22 | 184 | -4.66% | 115,914,250 | 0.61% | 43.25% | 2.10% | 77 | -23.76% | 61 | 27.08% |
| 31 Dec, 21 | 193 | -1.03% | 115,214,490 | 13.99% | 45.35% | 2.94% | 101 | 20.24% | 48 | -14.29% |
| 30 Sep, 21 | 195 | -2.01% | 101,077,055 | 1.66% | 39.29% | 2.47% | 84 | -24.32% | 56 | 51.35% |
| 30 Jun, 21 | 199 | 4.19% | 99,425,195 | 34.99% | 39.87% | 4.36% | 111 | -9.76% | 37 | 2.78% |
| 31 Mar, 21 | 191 | 17.18% | 73,655,937 | 18.31% | 30.24% | 4.63% | 123 | 19.42% | 36 | 89.47% |
| 31 Dec, 20 | 163 | 14.79% | 62,255,297 | 39.44% | 25.56% | 7.61% | 103 | -25.36% | 19 | - |
| 30 Sep, 20 | 142 | - | 44,646,807 | - | 18.33% | - | 138 | - | - | - |
American Well Insider Shareholders Trades
Open Market Insider Trades
Open Market Insider Buys
| Date | Name | Relation | Role | Transaction | Buy/Sell | Shares | Price | Value | Shares Held | Source |
|---|
Insider Sells
All Insider Owners Trades
The last insider sell of American Well's stock was made by McNeice Paul Francis on Aug 05 2024, selling 8 shares at $9.56 per share (valued at $76.45).
American Well Insider Ownership Trends
All Insider Trades Trend
| Date | Buy | Sell | Buy/Sell Ratio |
|---|---|---|---|
| Q3 2024 | - | 5 | - |
| Q2 2024 | 8 | 14 | 57.14% |
| Q1 2024 | 5 | 18 | 27.78% |
| Q4 2023 | - | 12 | - |
| Q3 2023 | - | 16 | - |
| Q2 2023 | 10 | 18 | 55.56% |
| Q1 2023 | 8 | 21 | 38.10% |
| Q4 2022 | 2 | 29 | 6.90% |
| Q3 2022 | 2 | 22 | 9.09% |
| Q2 2022 | 9 | 26 | 34.62% |
| Q1 2022 | 19 | 20 | 95.00% |
| Q4 2021 | 7 | 28 | 25.00% |
| Q3 2021 | 7 | 32 | 21.88% |
| Q2 2021 | 42 | 43 | 97.67% |
| Q1 2021 | 14 | 33 | 42.42% |
| Q4 2020 | 12 | 13 | 92.31% |
| Q3 2020 | 42 | 80 | 52.50% |
| Q2 2020 | 2 | - | - |
0 total buy trades, and 5 total sell trades (buy/sell ratio of 0.00%) were made by American Well's insiders, as of Q3 2024.
Open Market Insider Trades Trend
| Date | Buy | Sell | Buy/Sell Ratio |
|---|---|---|---|
| Q3 2024 | - | 5 | - |
| Q2 2024 | - | 14 | - |
| Q1 2024 | - | 18 | - |
| Q4 2023 | - | 12 | - |
| Q3 2023 | - | 16 | - |
| Q2 2023 | - | 15 | - |
| Q1 2023 | - | 20 | - |
| Q4 2022 | - | 28 | - |
| Q3 2022 | - | 21 | - |
| Q2 2022 | - | 26 | - |
| Q1 2022 | - | 18 | - |
| Q4 2021 | - | 21 | - |
| Q3 2021 | - | 21 | - |
| Q2 2021 | - | 20 | - |
| Q1 2021 | - | 11 | - |
| Q4 2020 | - | - | - |
| Q3 2020 | 6 | - | - |
| Q2 2020 | - | - | - |
As of Q3 2024, Insider owners conducted 0 open market buy trades and 5 open market sell trades of American Well's stocks.
American Well Peer Ownership
| Ticker | Company |
|---|---|
| GEHC | GE HealthCare Technologies Inc. |
| SDGR | Schrödinger, Inc. |
| PHR | Phreesia, Inc. |
| TXG | 10x Genomics, Inc. |
| VEEV | Veeva Systems Inc. |
| PRVA | Privia Health Group, Inc. |
| PGNY | Progyny, Inc. |
| GDRX | GoodRx Holdings, Inc. |
| DH | Definitive Healthcare Corp. |
| DOCS | Doximity, Inc. |
| CERT | Certara, Inc. |
| TDOC | Teladoc Health, Inc. |
| HCAT | Health Catalyst, Inc. |
AMWL Ownership FAQ
Who Owns American Well?
American Well is owned by institutional shareholders (46.90%), insiders (5.10%), and public (48.00%). The largest institutional shareholder of American Well is SENVEST MANAGEMENT, LLC (8.26% of total shares) and the top mutual fund owner is Aspiration Funds (3.40% of total shares).
Who are the major institutional shareholders of American Well?
American Well's major institutional shareholders are SENVEST MANAGEMENT, LLC, MORGAN STANLEY, CALEDONIA (PRIVATE) INVESTMENTS PTY LTD, VANGUARD GROUP INC, and ALERCE INVESTMENT MANAGEMENT, L.P.. The top five shareholders own together 29.23% of the company's share outstanding.
How many American Well shareholders are there?
As of Jun 2024, there are 100 institutional shareholders of American Well.
What percentage of American Well is owned by SENVEST MANAGEMENT, LLC?
SENVEST MANAGEMENT, LLC owns 24.1M shares of American Well, representing 8.26% of the company's total shares outstanding, valued at $7.83M (as of Jun 2024).
What percentage of American Well is owned by MORGAN STANLEY?
As of Jun 2024, MORGAN STANLEY holds 21.22M shares of American Well (AMWL), compromising 7.27% of the company, valued at $6.89M.
What percentage of American Well is owned by CALEDONIA (PRIVATE) INVESTMENTS PTY LTD?
CALEDONIA (PRIVATE) INVESTMENTS PTY LTD is the third largest holder of American Well. The company owns 17.1M of the company's shares outstanding (worth $5.55M).